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Britain’s private sector companies shed workers at the fastest pace since the pandemic and the depths of the financial crisis more than a decade ago, adding to the risk of a recession.
Gap Inc said it would reduce its workforce by about 1,800 employees, joining various other U.S. companies in layoffs as worries of a recession in the U.S. continue to grow.
If Biden decides to break up his partnership with Harris, his popularity with Black and women voters could be seriously affected.
The IMF boss said that the sudden spike in COVID-19 cases in China will affect the Chinese economy in the short term.